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BIS Paper Reckons With P2P Payments, Tokenized Securities, Central Bank Digital Currencies
Researchers at the Bank for International Settlements say the future of payments may be peer-to-peer, but a number of considerations must be satisfied before distributed ledger-based systems can go mainstream. дальше »
2020-3-1 20:00 | |
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Is A Fed-Controlled Digital Dollar A ‘Win’ For the Public; Will it Pave Way For Faster Payments?
Central banks around the world are assessing the benefits of issuing a state-controlled digital currency after China announced that it is close to launching its digital yuan and Facebook launching Libra. дальше »
2020-2-26 22:35 | |
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China’s Central Bank Clarifies It Does Not Want to Convert All Traditional Payments to Blockchain
The Digital Currency Research Institute within the People’s Bank of China has issued a statement further complicating our expectations for blockchain adoption in the country. There has been consistent media buzz surrounding China’s reorientation towards blockchain as an official state policy. дальше »
2020-2-22 11:18 | |
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Russia Decides to Outlaw Crypto as a Means of Payment
Russia’s Federal Security Service (FSB), the successor of KGB, agreed with the Central Bank of Russia that cryptocurrencies should not be allowed as means of payments on the territory of Russia, a local portal reported. дальше »
2020-2-20 20:30 | |
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Russia to prohibit cryptocurrency payments
The Russian security services and the Central Bank of Russia reached a consensus on the regulation of virtual money. They propose to prohibit paying with cryptocurrencies in Russia, and allow exchange operations only through operators with special license. дальше »
2020-3-1 10:00 | |
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China Files 84 Patents For Central Bank Digital Currency
Reports of more than 80 digital payments-related patents filed by the People’s Bank of China (PBOC) is offering concrete proof of the country’s moves to launch a CBDC. China Serious About CBDC Issuance According to the Financial Times, China’s central bank has filed 84 patents relating to its plans to launch a digital currency electronic payments DCEP system. дальше »
2020-2-13 22:30 | |
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Cambodia’s CBDC Initiative, Project Bakong Payments App, Countdown Has Begun
The Phnom Penh Post reports that within the next couple or more months, Cambodia’s central bank is going to launch its own blockchain-based peer-to-peer money platform. The system is called Project Bakong and it will be a central bank digital currency (CBDC) – backed payments app. дальше »
2020-1-31 22:03 | |
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Facebook’s Libra Stablecoin Put Central Banks On Notice, Causing Bankers To Look Into CBDC’s
A former Executive of the Bank of Japan (BOJ) has said that Facebook’s Libra prompted Central Banks to invest more resources in Digital Currency research sooner than expected. According to a report by Reuters on Jan 22, Hiromi Yamaoka, a former head of settlements and payments at the BOJ, noted that regulators might have done […] дальше »
2020-1-23 21:22 | |
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Hong Kong, Thai Central Banks Plan To Issue Joint Digital Currency For Cross Border Payments
According to an official joint press release from the Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT), the two institutions are working on a blockchain that enables efficient transactions between banks in the two countries. дальше »
2020-1-23 20:45 | |
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CBDCs could be key to a broad-based blockchain payments system
Facebook's unveiling of its plan to launch a digital currency dubbed Libra has not only drawn the attention of regulators worldwide, but it has also initiated talks about central backed digital currenThe post CBDCs could be key to a broad-based blockchain payments system appeared first on AMBCrypto. дальше »
2020-1-22 21:30 | |
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Bitcoin, Libra usage may normalize avoidance of credit card payments
Over time, Bitcoin has come to be appreciated and accepted in the financial industry owing to various reasons. Its decentralized manner and the absence of central control has been one of its crucial pThe post Bitcoin, Libra usage may normalize avoidance of credit card payments appeared first on AMBCrypto. дальше »
2020-1-5 01:30 | |
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Central Bank Of The Bahamas to Launch CBDC Pilot Dubbed ‘Project Sand Dollar’ Today
People who reside in the Exuma island will be able to enroll in the Project Sand Dollar initiated by the Central Bank of the Bahamas. The Bahamian government thinks that giving residents mobile wallets will facilitate future payments on the island chain. дальше »
2019-12-28 18:43 | |
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Sweden’s Central Bank, Riksbank, Partners with Accenture to Develop CBDC Dubbed ‘E-Krona’
The wave of Central Bank Digital Currency (CBDC) is gaining momentum after China’s progress and expected coin launch in 2020. Sweden is the latest country to announce a pilot test plan for the ‘e-krona’ digital currency; this will be its CBDC in the near future as more governments continue to embrace FinTech in digital payments. […] дальше »
2019-12-14 19:12 | |
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The U.S. Federal Reserve to Launch Real-Time Payments System
In a bid to make it possible for financial institutions under its purview to facilitate real-time, round-the-clock payments, the United States Federal Reserve, the nation’s central bank, has announced plans to launch its new payment and settlement service called FedNow, according to a press release on August 5, 2019. дальше »
2019-8-6 16:48 | |
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Russian Arms Manufacturers Dodge US Sanctions With Bitcoin
Soyuzmash, the Union of Machine Builders in Russia, has asked the Central Bank for permission to accept Bitcoin and stablecoin payments for weapons deals. This, they claim, will help them to circumvent US and international sanctions. дальше »
2019-7-26 15:00 | |
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Bitcoin's Use Case for Payments Strengthens with Lightning-Powered App
Fed Chairman Jerome Powell believes that bitcoin's primary use case is as a store of value, not payments. He said yesterday, "almost no one uses bitcoin for payments. " That could be about to change. дальше »
2019-7-12 21:00 | |
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Big Banks Ask Regulators To Ensure A 'Level Playing Field' Following Libra Announcement
In a report published by the Bank for International Settlements, the "bank for central banks" asked that regulators keep banks in mind when they update and create new financial rules as Facebook and other tech companies enter the payments and custody business. дальше »
2019-6-24 19:01 | |
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Facebook’s Libra finds itself in the crosshairs of the Central Bank of Central Banks
It’s been a week since Facebook’s entry into the cryptocurrency and payments world was announced. Since then, a lot has happened. From the Libra lead, David Marcus, talking about shared internal governance control over the cryptocurrency, to the regulatory uncertainty the crypto may face with politicians around the world taking a shot at the it, […] The post Facebook’s Libra finds itself in the crosshairs of the Central Bank of Central Banks appeared first on AMBCrypto. дальше »
2019-6-24 09:55 | |
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Bank of Japan, European Central Bank complete phase three of cross-border payments testing
Information processing has changed drastically, ever since the inception of the Internet. However, the payment industry has not. It has remained the same, slow, tedious and time-consuming. Unlike data, payment doesn’t flow seamlessly owing to various factors such as the fact that every country has a centralized ledger which is not linked to other countries. дальше »
2019-6-5 15:30 | |
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Bitcoin Digital Asset Report: BTC Review And Investment Grade
Bitcoin Digital Asset Report: Introduction As stated in the original whitepaper, Bitcoin (BTC) was created to become “a peer-to-peer version of electronic cash”. Its system enables payments without passing through a central authority, while the transaction management and money issuance are carried out collectively by the blockchain network. дальше »
2019-6-3 19:32 | |
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LocalEthereum temporarily removes fees to buy or sell Ethereum via cash
Bitcoins and other cryptocurrencies, although revolutionizing payments, are yet to find haven in some countries like India, China, and Iran, among others, due to non-existent regulatory clarity. Recently, LocalBitcoins. дальше »
2019-6-2 13:30 | |
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Russia Stunningly Explores a Gold-Backed Crypto to Settle Payments
By CCN: Russia is reportedly considering the implementation of a gold-backed cryptocurrency, according to Russian news outlet Tass. Immutability and censorship-resistance are useful for governments in certain instances, such as conducting international trade in the face of sanctions. дальше »
2019-5-24 22:55 | |
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Bitcoins Not Really Currencies, Euro Is Always Euro — Says European Central Bank President
The European Central Bank (ECB) recently published a paper titled “Crypto-Assets: Implications for financial stability, monetary policy, and payments… The post Bitcoins Not Really Currencies, Euro Is Always Euro — Says European Central Bank President appeared first on Invest In Blockchain. дальше »
2019-5-22 23:37 | |
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Op Ed: Lightning Network Consensus Is a Marketplace and That’s Okay!
To Bitcoin or Not to BitcoinDuring the “scaling debate” before the SegWit2X user-activated soft fork (UASF), Bitcoin businesses were getting their first bitter taste of Bitcoin’s censorship resistance. дальше »
2019-5-21 21:10 | |
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Bitcoin No Threat Yet but Crypto ‘Phenomenon’ Needs Monitoring: European Central Bank
By CCN: The European Central Bank (ECB) has found that crypto does not pose risks to financial stability in the Eurozone. The central bank does recommend, however, that European legislatures create a uniform approach to crypto-assets. дальше »
2019-5-19 15:40 | |
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Bitcoin [BTC]: European Central Bank releases paper on cryptocurrencies’ implications for financial stability
European Central Bank, the central bank for Europe and the entity that administers the monetary policy of the EU countries, released an occasional paper titled ‘Crypto-Assets: Implications for financial stability, monetary policy, and payments and market infrastructure. дальше »
2019-5-17 13:15 | |
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Indian Central Bank Being Pushed to Include Crypto in its Regulatory Sandbox
NASSCOM: Including crypto would help RBI develop a better understanding of risks Payments Council of India says crypto should be a part of the sandbox as there is no outright bank Technology industry lobby groups along with startup founders are asking the banking regulator, Reserve bank of India to include cryptocurrency in its proposed regulatory […] дальше »
2019-5-16 20:28 | |
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International Cross-Border Payments Marathon Race is Starting to See Ripple Labs Sprint Forward
International cross border payment options are without a doubt one of the most significant uses of digital currencies. Cryptocurrency payments options are a lot more faster than the the traditional payment methods, because third party intermediaries are cut out of the process. дальше »
2019-5-14 02:20 | |
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“Cashless” Sweden Wants Citizens to Hoard “Cash” in Case of Cyberwarfare
Sweden’s Civil Contingencies Agency issues guidance to stockpile cash Could Bitcoin have a role to play in case of emergency like power cuts, technology glitches, terrorism or war Cashless payments are what the world is moving towards and the Swedish government has been the example for that “cashless society.” The central bank of Sweden, Riksbank […] дальше »
2019-5-11 20:44 | |
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The Cross Border Payments Race Is Heating Up
Cross border payments represent one of the most self-evident use cases of cryptocurrencies. Digital currencies move across borders faster than traditional payment pathways, with reduced friction points and no need for an intermediary. дальше »
2019-5-10 20:43 | |
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Thai Central Bank’s lnthanon Digital Currency Project To Build RTGS Interbank For CBDC Payments
Thai Central Bank Has Created A Blockchain Solution To Digital Currency Project The Bank of Thailand, known as the central bank of the country, has recently decided to move ahead one of its most interesting blockchain projects, a digital currency that will be based on the blockchain technology. This new solution will be used in […] дальше »
2019-5-8 23:38 | |
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Sweden’s Central Bank Asks Gov’t: What’s ‘Legal Tender’?
Sweden’s central bank has its parliament to form a committee to review what constitutes legal tender in the country. Originally reported by Bloomberg’s Amanda Billner, the new committee will give a definitive answer on the definition of legal tender as Sweden increasingly moves away from cash to credit and debit cards for paying for goods and services. дальше »
2019-5-3 12:00 | |
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Canada and Singapore Test Central Bank-backed Cryptos for Cross-Border Payments
Coinspeaker Canada and Singapore Test Central Bank-backed Cryptos for Cross-Border PaymentsThe Bank of Canada and the Monetary Authority of Singapore (MAS) have announced successfully conducted transfers of central bank-backed cryptos using blockchain. дальше »
2019-5-2 19:21 | |
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Crypto Payments: Canada and Singapore Central Banks Send Each Other Digital Currencies
By CCN. com: The Bank of Canada and the Monetary Authority of Singapore (MAS) has conducted a successful pilot test of central bank-backed crypto assets to clear cross-border and cross-currency payments. дальше »
2019-5-2 14:33 | |
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Dutch central bank tested blockchain for 3 years. The results? ‘Not that positive’
The Dutch central bank developed and evaluated four distributed ledger technology (DLT) prototypes in three years, but so far blockchain hasn’t lived up to the hype, The Banker reports. In fact, the only use-case it can easily envision is cross-border payments, after it discovered that markets with efficient payment systems that exist (such as Nordic countries and the Netherlands) don’t really benefit from blockchain. дальше »
2019-5-1 17:15 | |
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Dutch Central Bank Will Keep Embracing DLT, But To-Date Findings Are Not All Positive
Netherlands' central bank will keep embracing blockchain, but the current findings are “not that positive,” according to the bank’s director of payments
дальше »2019-5-1 15:53 | |
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Ripple Partner Bank of England’s Governor Promises to Reinvent the Central Bank for ‘Fourth Industrial Innovation’
Mark Carney, the governor of Bank of England vows to reinvent the central banks to make it fit for the “new economy” of “Fourth Industrial Revolution.” The central bank has been opening up its payments infrastructure to fintech startups, said the governor, making climate change a key priority and embracing artificial intelligence to help the […] дальше »
2019-4-30 18:34 | |
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Bank Of England Governor Might Open Opportunity For Ripple Tech, Says That Payments Across Borders Should Be Indistinguishable From Those Across The Street
The Governor of the Bank of England, Mark Carney, has vowed to transform the central bank in preparation for… The post Bank Of England Governor Might Open Opportunity For Ripple Tech, Says That Payments Across Borders Should Be Indistinguishable From Those Across The Street appeared first on Invest In Blockchain. дальше »
2019-4-30 09:01 | |
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Central Bank Digital Currencies Take Center Stage at IMF Spring Meetings
Central bank digital currencies (CBDCs) featured prominently when global financial leaders met for this year’s World Bank Group and International Monetary Fund (IMF) joint Spring Meetings in the United States. дальше »
2019-4-17 20:45 | |
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